Higher gas prices expected to nudge Canada’s inflation rate back near 3% in July, economists say
Gas prices soared to almost $1.97 a litre at some gas stations in Greater Sudbury, Ont. on Tuesday…
South Korea inflation hits two-year high, imminent rate hike in play
By Jihoon Lee SEOUL, June 2 (Reuters) – South Korea’s consumer inflation quickened in May to a more…
With inflation at 3-year high, a peace deal with Iran could still spell a Fed rate hike
As inflation reaches its highest level in three years and the war in Iran crosses the three-month mark,…
Economy to See Negative Growth Shock, Sticky Inflation, JPMorgan Warns
Say goodbye to the economy’s best-case scenario this year. Economists at JPMorgan said they’ve officially taken a “Goldilocks…
Fed Chair Kevin Warsh Has a New Inflation Nightmare: AI Is Skyrocketing Prices
Quick Read NVIDIA’s (NVDA) data center revenue hit $75.25 billion in Q1, up 92% year-over-year, as the AI…
Morgan Stanley sees a ‘trifecta’ driving inflation higher — but Bessent says disinflation is weeks away
Wall Street and Washington appear to be, once again, out of sync. Morgan Stanley, last week, sent up…
Why 56% of Americans Are Losing the Inflation Fight Before Retirement Even Starts
earth phakphum / Shutterstock.com Quick Read Inflation remains the single biggest obstacle to financial security for American households,…
Why 56% of Americans Are Losing the Inflation Fight Before Retirement Even Starts
Quick Read Inflation remains the single biggest obstacle to financial security for American households, cited by over 40%…
Bessent says confident that core inflation is going down, Fed will need to cut rates
WASHINGTON, April 14 (Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday said he was quite confident that…
Singapore expected to keep monetary policy unchanged as growth outperforms
By Jun Yuan Yong SINGAPORE, Jan 26 (Reuters) – Singapore is expected to leave monetary policy unchanged at…
Prices ticked up in November as Americans keep spending, a key inflation measure shows
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that…
Canada’s inflation rate held at 2.2% in November, grocery prices see biggest rise in nearly two years
Grocery prices have trended mostly upwards this year, say economists at RBC, “consistent with rising agricultural commodity prices…